Virginia sports betting bill makes progress
A bill that would legalise sports betting in Virginia has continued to progress through the state’s legislature.
HB 896, proposed by representative Mark Sickles, passed the Finance and Appropriations Committee in the state Senate yesterday (25 March) having already cleared the House. The bill, which was only introduced last month, is progressing quickly with the current session due to close on 7 March.
The bill would legalise mobile sports betting in Virginia, and would direct the Virginia Lottery to regulate it.
The regulator would issue licences within the state and determines that a minimum of six and maximum of 10 three-year licences – each costing $250,000 – are to be issued.